ACRT about to move to new highs Message Board

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Microcap & Penny Stocks : ACRT about to move to new highs

ACRT 0.110

-7.6%

Dec 30 4:00 PM EST

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To: Doo who wrote (6713)	9/25/1998 9:55:00 AM
From: DAVID C. DeANGELIS	Read Replies (2) of 7054

LINK TO BLOOMBERG quote.bloomberg.com ersion=news.cfg Right, first the shorts say "why no coverage" now that a new firm initiates STRONG BUY coverage it does not count unless its Goldman Sachs. I'm sure if they rated it a sell you & what's left of the shorts would be gloating bigtime. My guess is we will see more & eventually larger firms come on board as earnings approach or at the Q1 numbers release. The FACT is Actrade Forfaiting has caught the attention of many institutions, remember Merril Lynch on the conf. call. I suspect they may have some comments on ACRT soon. Weather they do or not the fact is NO new shorts are or can come into ACRT in any volume and their is evidence that covering to some degree has begun and IMO will accelerate up to earnings in the week of OCT 19, THAT'S 3 WEEKS. Forfaiting may add 2 or 3 cents alone to Q1 which is not in anyones estimates. perhaps John Chew can give an estimate to Forfaiting's performance? DD

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